Latest News from Turkey

Turkey central bank stuns market with 500-point rate hike to 50%

Turkey's central bank unexpectedly raised interest rates by 500 basis points to 50% on Thursday, citing a deteriorating inflation outlook and pledged to tighten further if significant and persistent deterioration in inflation is foreseen.

Germany reportedly pushing for ‘positive’ EU signal to Turkey

Berlin is seeking to send a "positive signal" to Turkey about its ties with the European Union, with the inclusion of a paragraph to this effect in the conclusions of the ongoing summit in Brussels, Euractiv reported on Thursday.

Erdogan says all of Cyprus could have been Turkish

In a speech on Monday Turkey's President Erdogan not only defended the Turkish invasion of Cyprus in 1974, but went even further, stating that if Turkish troops hadn't stopped then all of Cyprus would be Turkish today.

Greens recover, while Reds see winning streak end

Panathinaikos recovered from its loss to Olympiakos last week to win at Red Star Belgrade, while Olympiakos saw its winning streak snapped at Efes in Turkey.

In the first serving of this double week in the Euroleague, Olympiakos went down 85-72 at Anadolu Efes on Tuesday.

PM: Greek-Turkish relations demand rapprochements but no illusions

It is necessary to promote a rapprochement between Greece and Turkey but "no illusions" are allowed, Prime Minister Kyriakos Mitsotakis said on Wednesday, as the Hellenic Navy welcomed three new US-made Romeo MH-60R Seahawk helicopters in its assets.

Ombudsman raises concern over EU migration deal with Egypt

The European Union's rights watchdog raised concern on Tuesday about the bloc's new 7.4 billion euro ($8.03 billion) agreement with Egypt that includes provisions to curb migration, saying it falls short on human rights safeguards.

Erdogan’s comments on Cyprus a blatant distortion of the historical truth, say sources

Greek diplomatic sources have reacted to remarks made by the Turkish president Recep Tayyip Erdogan regarding Cyprus.

In a speech he delivered to Turkish military personnel at a dinner Monday, Erdogan not only defended the Turkish invasion of Cyprus but went even further by arguing that if Turkish forces had moved further south in 1974, then Cyprus might be all Turkish today.

Germany to play Ukraine and Greece in last friendlies before Euro 2024

Hosts Germany will play two friendly matches against Ukraine and Greece in June days before the start of the European championships on home soil, the team said on Tuesday.

The Germans will host Ukraine in Nuremberg on June 3 before taking on Greece in Moenchengladbach four days later. Euro 2024 kicks off on June 14 with Germany facing Scotland in their first Group A match.

Shock and confusion as Turkey seizes earthquake survivors’ homes

SAMANDAG, Turkey - Habip Yapar felt lucky that his home in southern Turkey withstood last year's devastating earthquake. Then a text message appeared on his phone in October telling him the government was taking ownership of the apartment.

Erdoğan congratulates Putin on reelection win

Turkish President Recep Tayyip Erdoğan congratulated his Russian counterpart, Vladimir Putin, on his reelection victory over the weekend.

According to Türkiye's Communications Directorate, Erdoğan expressed his belief in the call that the positive trajectory of Turkish-Russian relations will continue in the coming days.

Erdogan: All Cyprus could have been ours

Turkish President Recep Tayyip Erdogan, in a speech he delivered to Turkish military personnel at a dinner Monday, not only defended the Turkish invasion of Cyprus but went even further by arguing that if Turkish forces had moved further south in 1974, then Cyprus might be all Turkish today

More specifically, Erdogan said:

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